New Delhi: India added more than 3.1 lakh new piped natural gas (PNG) connections in March and another 2.7 lakh connections were issued as the government accelerated expansion of cleaner fuel networks amid supply disruptions following the closure of the Strait of Hormuz. With the war in West Asia disrupting cooking gas LPG supplies, the…
Kannur (Kerala): Congress leader Rahul Gandhi on Tuesday alleged that Prime Minister Narendra Modi wants the ruling LDF to win the Assembly elections in Kerala. Addressing an election rally here, Gandhi reiterated his charge that the Congress-led United Democratic Front (UDF) is fighting the combined forces of the Left Democratic Front (LDF) and the BJP….
New Delhi: A US airstrike at Iran’s Mashhad airport on Monday damaged a Mahan Air aircraft, potentially disrupting a mission to India to collect humanitarian aid, Iranian officials claimed. The plane was reportedly scheduled to fly to New Delhi this week to pick up essential medical supplies and aid for the Iranian people, they said….
How two small, broken nations invented conglomerates to compress a century of growth into twenty years, and what it means for India’s big gamble. In 1960, South Korea had a lower per capita income than Ghana. Japan lay in the ash of two atomic bombs. Today, one is the world’s tenth-largest economy; the other, the fourth….
New Delhi: Finance and Corporate Affairs Minister Nirmala Sitharaman on Monday said in the Lok Sabha that the Insolvency and Bankruptcy Code (IBC) has been a main and very crucial factor in improving the health of the country’s banking sector, including recovery of non-performing assets. Piloting a bill for further amending the IBC in the…
New Delhi: The applicability of newly reimposed export windfall taxes on shipments of diesel and ATF from Reliance Industries’ SEZ refinery remains the key uncertainty, following India’s fuel duty overhaul, with significant implications for refining margins and government revenues, according to analysts. Under the revised framework, effective March 26, India has imposed export duties of…
Noida: Welcoming the inauguration of the Noida International Airport, several locals on Saturday urged the government to ensure affordable airfare so that the facility benefits not just the affluent but also the economically weaker sections. Prime Minister Narendra Modi inaugurated the first phase of the airport on Saturday at Jewar in Gautam Buddh Nagar district….
New Delhi: India on Saturday said it has strongly opposed the contentious China-led Investment Facilitation for Development (IFD) Agreement for its incorporation into the WTO framework. Incorporation of the IFD agreement risks eroding the functional limits of the WTO and undermining its foundational principles, Commerce and Industry Minister Piyush Goyal said in a social media…
New Delhi: Delhi minister Manjinder Singh Sirsa on Friday said the government has increased commercial LPG allocation to 70 per cent of previous levels, easing concerns among industries and eateries, while asserting that there is no shortage or panic buying in the city. The revised order, issued by the Delhi government following directives from the…
New Delhi: The government has slashed excise duty on petrol to Rs 3 a litre and exempted diesel fully from it to help oil marketing companies like HPCL, BPCL, and IOC deal with the rising global crude prices amid the war in the Middle East. The Finance ministry, in a notification dated March 26, cut…
